i'm gonna look into xlf tomorrow
401
true zhou... i'm thinking 1487 xlf on a break over 1444
353
1106/1113ish still my target... even when it looked so bad this morn
352
well we got the candle that i was expecting since 9am ...
350
best price was the 37.17 limit fill... but forced to sell some lower too
341
so....ready to sell if the 2min charts deteriorate
340
oh no... comp reached its upside target... R here...hmm
339
if it hits 1103 i'll sell most sso
336
i'm gonna keep a small swing long... understanding risk...dont like reports tomorrow... trading the charts on that small piece... suggest more upside
334
my limit 3703 was filled to sell .... saving rest for higher
333
vix tregt 21.94.....last 23.40... not today
331
sso....target.....37.02,,,,,37.17/ 37.28
324
crouching tiger forming .... suggests a retest and break of highs.... but only at 83% now.... 3702 trgt on the tiger
323
3680 sso... not a bad profit stop for nervous sso....in case this is headfake up here
318
purely from a tech stand, i see more up... but news sure can alter that
311
it could pop to 1088.... if so i will look for it to move up... or something poss wrong
305
VIX under 24....prior minor sig level... 2379 ---poss bullish for spx
303
limit sell 10% sso 3702 (large port sell, small port holding)
253
if spx 1098/99 pierce sustain higher...next trgt 1106a
245
10% sold 36.88////
244
spx set to close a candle over the 1092
242
preparing to sell 20% sso.... not yet... when it stalls... lsat 3788
240
any close at this
level or higher would give the daily
candle i expected.... but spx needs to
hold or move higher
238
a move down off 1092 would be ok in spx..expecting stall there
237
spx daily hammer forming as expected :)
236
spx just gapped up intraday
235
getting over
the midpoint of bollinger usually
requires some work.. spx is trying now
233
spx tested the lows... time to test near the highs and end with a daily hammer candle
230
wonderful...grr... spx has decided to coil here....
228
still looking for that hammer.... daily....
221
3 min bear engulfing in vix tho.. a big huge engulf
219
1081 spx...is the trendline... stop mkt to buy not filled...
217
spx made made a new LOD
207
one thing i dont like about being long overnight tonite (tho i will be long) is tomorrows reports....
206
the stop market orders to buy are still in... i might not be able to post the buys right away if they come... also might take some sso 1080ish
203
theres a second, weaker "close over 1088" but i dont trust that one given the whipsaw
202
spx "15min or 60min candle close over 1092" bullish signal still valid... hasnt happened
200
VIX has a doji candle daily
152
spx...did not retest low so far..came close
145
Previously I also shorted DOW at 10,720ish... covered 10,200... and reversed to long on DOW at 10,200.. so currently long DOW from 10,200
136
down 1.57% on that piece of sso
134
nervous newly entered sso could exit here at 3737 breakeven... i'm staying in (i also have sso that is red...bought at higher price
132
spx hanging by a thread...but LOD still not re-tested... last 1086
127
the spx is setting up a POSITIVE divergence (not to be confused with bullish diverg) in the daily charts. takes time to play out tho, esp on the daily chart. The positive divergence is generally stronger than a bullish divergence
126
*buy AT THE MARKET if spx hits 1077... correction... also might consider 1080 buy sso...thats a touch of trendline... will decide if/when it gets there.... last 1086
116
failure to retest the LOD would be good for bulls, as it would indicate orders being place above the low vs below it.... last 1086.50... LOD 1085.32
105
1088 broke... still expecting test LOD cuz of that
103
if spx is at 1085 at 2pm... not good for longs....
102
selling ALL tbt... 47.63... will buy bak
101
TBT: taking some profits here in tbt into strength.... 4765... that was also 2 cents over one of the targets
1253
limit buy some sso if spx hits 1077... last spx 1087
1252
1088 broke....
1251
VXX: limit buy some vxx at 30.18, for swing, last 3236
1248
testing 1088 again...break stil implies test the LOD
1246
TBT: sell 20% of shares... limit 4808, 4817... good for today only......to catch a FOMC spike... 1.6% daytrade profit if filled.. last 4769
1241
to me,,, spx suggests whipsaw and range even without the FOMC... in coming hours days... i'll go short when the 60min looks better
1239
sds charts look bullish,,, but they also suggest trap n chop... so staying out short for now
1239
the spx 1088 is holding....
1228
spx.... STILL no candle close over 1092 .. and not expecting much b4 FOMC
1224
3min macd signal line ---poss bullish dbl botm W on spx
1221
if 1088 doesnt hold here likely test LOD
1216
spx 1090 is providing R ...normal... it was prev low that was broken
1212
tbt has hurdled the 4766 R... see if it can sustain....4770 last
1210
149.84 daytrade GS
could work here for 151... but i'm not
going in
1202
SPX will likely get rejected at the first try at 1092, if it happens in the next hour... last 1089
1202
FOMC time will prob look like first 6 minutes today up, down, all around
1200
spx broke higher from the small 3min coil, and is backtesting now... the more impt hurdle for spx is the 3 min DTL now at 1091.47
1200
spx only hit 1091 not 1092 at 11:57...
1158
tbt--see if it can get over 4766R... last 4759.. a stall at 4766 would be normal
1153
1092 at 11:57AM still
on target...
1153
yea heres that movement...
1151
this 1 point range should cause some skittishness and activity, tho nothing major
1150
altho its near lunch rite now... should see a little pickup in activity
1144
expecting the 3min MACD hist to form a lower peak today, but a higher price, for spx.
1139
1135 post only valid if 1088 holds
1135
at current velocity, looking for spx to hit 1092 at 11:57AM and 1094 at 12:17PM
1128
3min spx is coiling now... 1094 test initial target if breaks higher...last 1090
1125
yes. there's the 1189 as mentioned...watching to see if 1088 holds....last 1090
1123
spx has bull crouching tiger (daytrade)... 88% confid if 1088 holds .. this suggests maybe a move down to 1088/89 and then a break of 1091 higher.. last spx 1091
1117
thus far.... spx unable to get a candle close over 1091... among other things, i am watching for that
1115
a daily hammer candle today or tomorrow, wouldnt surprise me
1059
there's a setup in the 15min charts....a 15min candle CLOSE over 1091 would give a buy signal in spx... a 60 min setup is better and stronger and being formed also. the 60 min setup could fail, and 15min not yet confirmed... needs that close over 1091...
this is the same bullish setup that worked yesterday....
1057
spx back at 1090 the
2nd time... see if it holds as R
1056
my ddm (long DOW INDU) from a few days ago... its red by about 39 dow points down now... still looks ok to me...holding it
1054
see the 60min bull falling wedge? more downside is possible in the wedge to 1075ish, but wedge could pivot back up
1051
dollar is at horizontal R now....(would be bullish for spx if dollar is held down)
1045
also, an uptrend usually requires 3 re-draws of its uptrend line before total complete failure and reversal... this would be only the second re-draw since march 2009 low... again i want to short,,, just offering possibility of move back to 1113ish (not exact target)
1041
this move is similar to 10/26/09 move down, which plunged but then bounced up off the trendline to make new highs....
1037
in coming days, after this down move is finished, i'm still not ruling out a move back to 1113ish spx.... if spx holds above 1074ish
1029
see if spx can get over 1090... last 1089
1026
tbt short term buy here 4740 with trgt 4813, 4837, 4907 could work here,,, tho i'm not taking it just yet.. poss dbl top tbt...this would be trading the bounce up b4 the possible break lower
1020
ES is also near its prior low (es made lower low than spx)
1018
1079 spx is the UTL support under the 1085... close to that 1077
1005
i'm just somewhat cautious on short side.... spx might want a daily HS to form first... 1084---1113 type thing
1002
But, the bull diverg will also set up if spx makes a lower low, so unknown what mr. market will decide
1001
the 60min spx is forming bull divergences,,,, if spx can hold around this area, or move sideways for an hour or so, it could set up a pattern to bounce
954
somewhere near 1081/79 spx that other support
950
theres also support on spx BELOW 1085 a little... as a result of the trendline... trendline support vs horiz support .. dont have exact # here... could make a spike down, form a hammer, pop back up...
949
1097 spx could be hit.. theres a daytrade pattern pointing there... last 1092
941
the rsi 60min support trendline has a marginal violation but is still holding for intraday bullishness... is one reason why i remained long sso last nite... it is testing it though////
940
yea... that 15min sso formed what could be a nasty bear M inside its rect.... if sso can push up to 3730 it would invalidate the bear M
938
the sso targets today are basically the same as yesterday LOL... with 3737/ 3741 being key R
931
sso: this is an example of where the sso has misagligned itself slightly with the spy and spx.... so i'm using manual stops... a violation of 3650 is not necessarily a "real break"... this is common with the 2x 3x leveraged etfs
925
pre-market is whipping all around,,,up down up down,,,, volatility,,,,on days like this, limit orders often work very well....
919
TBT-- but now i'm watching tbt to make sure it wont dbl top / M and tumble below 47 (daily chart)
903
VXX - also want some more of that.... closed for profits 2-3 days ago.. very volatile, wide stops required, for swing / mid-term as well
859
TBT--- i still want some TBT, waiting for the 60min and 15min charts to align, and the daily to settle down. there is a poss breakout in tbt ... asc triangle 60min, but i'm not trading it, for now. the tbt is both swing (days) and mid-term (1-6 months) hold idea for me.
858am
chart update: since i drew it, a newly formed coil has formed in ES 60min... still has an upward bias (see MACD RSI diverg)
8:36 AM
ES possible move up? I remain long via SSO.
Right now, futures are basically flat, up 1.50.
But I draw your attention to the chart below. ES was in a down channel, broke out, and then crashed yesterday. BUT notice where it fell to... right back to the previous DTL. It has since TRIED to pivot back up. I'll be watching the ES today for a move higher, if the ES 1081/80 holds.. and preferably if ES would break over 1092 and then hold over 1092 for the first 2 hours.
BTW, I drew those channel lines on Monday and did not change them to "make them fit".
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
No comments:
Post a Comment